Inflation and Deflation; Guns

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In guns i have seen the trends of guns lije the model 12 going diwn in value. Revolvers the same. Im 50 i like the guns my dad had midel 12's that era of guns. The younger people dont seem as much into old guns as i was at their age. I guess it just sucks getting old.
 
The Local Gun Stores near me are asking high prices for vintage Smith and Wesson Revolvers. I was looking at a nice Model 10 Nickel yesterday. They wanted $650 for it. They did offer $625. That is just to much for a Model 10, no accessories.
 
I'm finding that the older collectors of many things are passing.

Nice collections are surfacing, with less new collectors. Best of the best sells with average items sitting. Prices follow.
 
My 401k, despite being very conservatively invested, has lost 20% in the past three years. I told my financial advisor only half-jokingly that I should cash it out and reinvest it in guns, which have appreciated across the board about the same amount.
 
I haven't seen any evidence of nice older S&Ws going down in price around here. I see plenty of evidence of price increases for said revolvers.
 
I think Civil War collectibles have fallen out of favor. Sounds like the collector car market is stumbling. Hard to drive old cars in today's traffic, especially a 1937 Ford with original cable operated drum brakes. Ask me how I know when some dipchip pulls over in front of you and slams on the brakes when the traffic light changes at the perfectly wrong time.
As cars become more autonomous, drivers will become more oblivious.
The generation of current collectors is passing on at an increasingly rapid pace. I would expect their must have's will follow that pattern. My first 3 purchases this year were S&W and there was a local collector who could not make the auction, for whatever reason. That is probably why I bought them and the auction was crowded otherwise. Higher auction commissions like 25% are pushing the limit of peoples tolerance. My auction was 10% with transfer fees included.
I can wait or miss peak price deals but stay capable of grabbing real bargains.
 
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My 401k, despite being very conservatively invested, has lost 20% in the past three years. I told my financial advisor only half-jokingly that I should cash it out and reinvest it in guns, which have appreciated across the board about the same amount.
I think you need to find a new financial advisor. I self-manage my IRAs, invest very conservatively, and mine are up by more than 30% over where they were at the end of 2022. They went down in 2022, but are up 17% from where they were at the end of 2021.
 
...Higher auction commissions like 25% are pushing the limit of peoples tolerance. My auction was 10% with transfer fees included.
I can wait or miss peak price deals but stay capable of grabbing real bargains.
This is a real factor for me, a couple of locals have no buyer premiums and shows in the bidding action, no fee, more for me. Looked an auction the other day, had a 28% vig. No thanks
 
I'm with Denverdon, My 401K was up in excess of 30%, and that's after I had to take my minimum distribution every year.

I have sold off over 100 older firearms from my collection over the past couple of years, and guns from the 20's, 30's, 50's, and 60's brought a return, but not what I would have expected. These were shooters, not high grade collectors, but in at least 90% condition,
 
Take every investment and deduct the inflation cost which amounts to dividing it by 1.25 for the last 4-5 years then you have the real increase in value OF THE TOTAL VALUE OF ALL YOUR ASSETS. When we sold the last house I built 5/5/22, it had appreciated $80k in a matter of months, but the value had basically flatlined for the previous decade. Fortunately we had lived in it for 18 years and the cost to build was $160k plus my FREE labor. I killed the biggest expense most people face for much of their adult life AND that cost was the profit from the first house so we lived for free for 22 years. No debt for 34 years now. Gains are also taxable EVEN WHEN they are due to inflation caused by financial irresponsibility at all levels of debt financing.
Our gain was NOT taxable so that helped a lot since we put it in CD's but no one can convince me that 2020 to 2024 was 30% without that divide it by 1.25 and see what it is after that cost.
30% comes out to 4%. But you get taxed on the 30% and that sometimes bumps you into a higher bracket.
 
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